Aied Abdulatif Acquires Restaurant In Camarillo From Jesse Ching For $3.15M
California
See Similar DealsAied Abdulatif Acquires Restaurant In Camarillo From Jesse Ching For $3.15M
4426 Central Avenue
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The property involved in the transaction is an 8,600 square foot retail asset located at 4426 Central Avenue in Camarillo, California. The sale price for this property was $3,150,000, translating to a price per square foot of $366. The asset was previously utilized as an owner-user restaurant and is situated in a prime location between the Fairfield Inn & Suites by Marriott and the Holiday Inn Express & Suites, benefiting from visibility along the 101 Freeway.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,150,000
- Size: 8,600 SF
- Price Per Square Foot: $366
- Buyer: Aied Abdulatif
- Seller: Jesse Ching
- Seller's Representatives: Orbell Ovaness, Ara Rostamian & Tracy Grair - Marcus & Millichap
- Sale Date: 01/16/2026
- Market: Camarillo
The Ovaness Rostamian Group facilitated the successful closing of this transaction, having navigated a complex SBA financing process that encountered delays due to a government shutdown. The team generated multiple offers and identified the most qualified buyer, guiding them through a challenging escrow that lasted from August 5th to January 16th. This sale reflects the group's commitment to persistence and collaboration within the framework of the Marcus & Millichap platform.
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